Pluses and minuses for uranium prices

04 July 2008 @ 08:25 am EDT

In a sign that the spot uranium market may at last be beginning to turn, the latest report from Royal Bank of Canada Capital Markets analysts points out that the spot uranium price has recovered by $2 in the past week to $59 a pound, although the term price for uranium, which is the price most of the utilities pay, has fallen by $10 to $80 a pound - the first such fall reported for an awfully long time. 

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